Global Market - US Inflation - IS worst behind?

Global Market – US Inflation – IS worst behind?

Global Market – US Inflation – Is worst behind?

This week, we will discuss how market is reacting to US CPI & Core CPI data released on 10-Aug-22 & PPI & Core PPI data released on 11-Aug-22. Before we discuss the details let us understand the definition.

We have discussed drop in food prices and energy prices earlier in these topics which is now reflecting in CPI & Core CPI numbers. Since last few weeks where all assets class are moving higher, so is prices of Crude Oil, Natural gas and Metals are going up.

Global Market – US Inflation – Is worst behind?

Last week we have discussed that how Bank of England warns for long recession ahead starting from Q4 2022 to Q4 2023, 5 straight quarters of economic contractions. BOE have also warned inflation could rise to as high as 13% and expected to peak in October 2022 around this level.

Here we would like to believe, that rally in equity, commodity & currency could be judged as correction in bear market. At the same time rally across is backed by positive corporate earnings in US and other countries including that of India.

Click on the attachment to read the full report:

Global market – US Inflation – Is Worst Over.pdf